U.S. oil and gas rig count fell by three rigs to 545 for the week ending April 10 according to Baker Hughes data, as declines in All Other (-3), the Eagle Ford (-2), Anadarko (-1) and the Bakken (-1) outpaced gains in Gulf of Mexico (+3) and Niobrara (+1). Within All Other, Uinta (-1), Arkoma Woodford (-1), San Juan-NM (-1) and Cleveland/Tonkawa (-1) all posted week-on-week declines, with Granite Wash (+1) the lone gainer. Oil-directed rigs were unchanged at 411 while gas-directed rigs fell to 127 (-3) and miscellaneous rigs were also unchanged at 7. Total U.S. rig count is up one over the last 90 days but remains 38 rigs below this week in 2025.
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- Analyst Insight
U.S. Rig Count Falls Nine to 543; Broad Declines Sweep Most Basins
U.S. oil and gas rig count fell by nine rigs to 543 for the week ending March 27 according to Baker Hughes data, its largest weekly decline since Thanksgiving, as widespread declines in All Other (-5), Appalachia (-2), Permian (-2), Anadarko (-1) and Gulf of Mexico (-1) overwhelmed gains in the Bak
- Analyst Insight
U.S. Rig Count Slips Two to 543; Gulf of Mexico Loss Leads Declines
U.S. oil and gas rig count fell by two rigs to 543 for the week ending April 17 according to Baker Hughes data, as declines in Gulf of Mexico (-2), Haynesville (-1) and the Eagle Ford (-1) outweighed gains in All Other (+2).
- Analyst Insight
U.S. Rig Count Edges Up One to 544; Gas Rigs Rebound as Oil-Directed Decline
U.S. oil and gas rig count gained one rig to 544 for the week ending April 24 according to Baker Hughes data, as the Eagle Ford (+1) and Anadarko (+1) each added a rig while Gulf of Mexico shed one; all other basins were unchanged.
